Home Depot beats expectations but same-store growth concerns analysts
August 17, 2021
Home Depot had a strong quarter by all measures, but its 3.4 precent gain in same-store sales was seen as a worrisome sign by Wall Street relative to a bigger jump in the previous quarter. The concern is that the housing boom that resulted from the pandemic last year may be coming to an end, which would directly affect Home Depot’s future performance.
Recent News
Uber and Lyft Strikes in Metro Atlanta
Uber and Lyft rideshare and delivery drivers in the sprawling metro Atlanta area came together in solidarity with their counterparts nationwide for a significant cause on May 1.
Johnson & Johnson Announces Plan To Resolve All Current and Future Ovarian Cancer Talc Claims
The settlement is worth $6.48 billion.
Some Americans Will Get a Rare Extra Social Security Check This Month
Some Americans may get a rare extra social security check on the last day of May, though it doesn’t mean they will receive extra money.
Krispy Kreme Expands Into Germany
Krispy Kreme is set to extend its sweet reach to Germany through a recent agreement with ISH Kreme, marking its largest franchisee collaboration yet.